292. Creating An Experience From Short Term Rental Cabins With Alex Jarbo

Aug 16, 2022

Alex Jarbo is a short-term rental developer and manager. He was born and raised in Detroit, Michigan. He served in the Marine Corps for 4 1⁄2 years where he was stationed in Washington DC apart of the Marine Corps Honor Guard. He left the Marine Corps at 22 years old to pursue his career as a real estate professional. He is the founder and CEO of Sargon Investments, and he has a goal of developing 650 cabins in the next 3 years. Alex holds an MBA with a concentration in Real Estate Development and is currently finishing a Doctorate in Business with a concentration in Leadership. He is the host of the YouTube channel Alex Builds

where he teaches the ins and outs of short-term development and management. Alex advises listeners that they can learn more about him and his firm by visiting LinkedIn and checking out his website which has a course on real estate development!

[00:01 - 01:50] Opening Segment

 

• Alex believes that the property itself should be an experience

• He focuses on developing A-frame properties outside of the city  

 

 

[01:51 - 08:37] Creating An Experience From Short Term Rental Cabins

• Alex discusses how he decided to go outside of the city limits and operate their short-term rental business legally
• How he operate a syndication model where he builds multiple cabins at a time
• He discusses his investment model
• A mastermind called “Puppies and pancakes”
• He uses Airbnb’s historical data, which can be used to help predict what the rental rates for a particular property
• Dynamic pricing can be used to adjust the nightly price of a property based on demand

 

[08:38 - 10:27] Closing Segment

• Alex shared details about how he determines the average daily rate for a property
• He shares details about his course on real estate development  
• Alex shares where you can get in contact with him (links below)

 

Quote/s:

 

“One of the reasons why people are stepping away from hotels or stepping away from the general looking “cookie-cutter” hotel is because they want an experience.” – Alex Jarbo

 

You can connect with Alex through his: 

Website: http://sargoninvestments.com

Facebook: Alex Jarbo

LinkedIn: Alex Jarbo

YouTube: Alex Jarbo

Instagram: Alex Jarbo

LinkedIn: Alex Jarbo

 

WANT TO LEARN MORE?

 

Connect with me through LinkedIn

 

Or send me an email at [e-mail]

 

Visit my website www.luxe-cap.com or my YouTube channel

 

Thanks for tuning in!

 

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